The Israeli government will demand that El Al Israel Airlines carries out an overhaul, including layoffs, before agreeing to throw a lifeline to the cash-strapped airline, officials said on Sunday.
Britain won't impose quarantine to travellers coming from France at this stage, France and Britain said on Sunday, with the two countries adding that any such measure would be reciprocal and only be imposed after mutual consultation.
Avianca Holdings, Latin America's second-largest airline, filed for bankruptcy on Sunday, after failing to meet a bond payment deadline, while its pleas for coronavirus aid from Colombia's government have so far been unsuccessful.
Emirates, one of the world's biggest long-haul airlines, said on Sunday it will raise debt to help it through the coronavirus pandemic and may have to take tougher measures as it faces the most difficult months in its history.
A major U.S. airline trade group on Saturday said it backed the U.S. Transportation Security Administration (TSA) checking the temperatures of passengers and customer-facing employees during the coronavirus pandemic.
South Africa's central bank has temporarily prohibited the use of debt issued by the Land Bank as collateral after the state agricultural lender was downgraded deeper into junk status and missed $2.7 billion in loan repayments.
The British government has told airlines it will introduce a 14-day quarantine period for most people arriving from abroad to try to avoid a second peak of the coronavirus outbreak, an association representing the airlines said on Saturday.
The largest union representing U.S. meatpacking workers said on Friday it opposed the reopening of plants as the Trump administration had failed to guarantee workers' safety.
More than 500 workers at an industrial facility in Ghana have tested positive for the coronavirus, the country's health service said on Friday, as total cases jumped by nearly 30% in a single day.
Delta Air Lines Inc said on Friday it will suspend service to 10 U.S. airports where it services a nearby airport until at least September amid the massive travel falloff due to the coronavirus outbreak.
Delta Air Lines Inc said on Friday it will suspend service to 10 U.S. airports where it services a nearby airport until at least September amid the massive travel falloff due to the coronavirus outbreak.
The Trump administration has offered to place a $10 million cap on Philadelphia Energy Solutions' biofuel blending obligations, effectively slashing the bankrupt refiner's regulatory liability by more than 70%, according to a proposed settlement between the two parties dated earlier this week.
South Africa's Phumelela Gaming and Leisure on Friday joined a slew of distressed firms to file for business rescue - a local form of bankruptcy protection - after a nationwide lockdown suspended activities in the horse racing industry.
South Africa's Labour Court ordered administrators trying to rescue cash-strapped South African Airways (SAA) to halt layoffs on Friday, siding with two trade unions who had argued in court that the process was unfair.
J.C. Penney Co Inc is preparing to file for bankruptcy protection as soon as next week with plans to permanently close about a quarter of its roughly 850 stores, becoming the latest major U.S. retailer to succumb to fallout from the coronavirus outbreak, according to people familiar with the matter.
J.C. Penney Co Inc is preparing to file for bankruptcy protection as soon as next week with plans to permanently close about a quarter of its roughly 850 stores, becoming the latest major U.S. retailer to succumb to fallout from the coronavirus outbreak, according to people familiar with the matter.
South Africa's Labour Court on Friday ordered administrators trying to save struggling South African Airways to withdraw layoff notices because the issuing of those notices was "procedurally unfair".
Boeing Co expects to start production of grounded 737 MAX jet this month, Chief Executive Officer David Calhoun said https://bit.ly/2Ab5t2R in an interview with Fox Business News on Friday.
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